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Ethereum-Binance
Algorithm of working with the Ethereum-Binance bridge
WARNING
Currently, the bridge between Ethereum and Binance Smart Chain works only for CGV and RJV tokens:
Bridge Link
General Information
When you load the bridge page, the default direction is from Binance Smart Chain to Ethereum, but you can always change it!
Example Flow: From Ethereum to Binance Smart Chain
Connect Accounts
Connect an Ethereum account and a Binance Smart Chain account.Switch Network to "FROM"
Set the network to the FROM direction (in this flow: Ethereum).Approve Tokens
- Click the "Approve" button to begin the approval process.
- A Metamask wallet prompt will appear requesting approval for the specified amount of tokens.
- Approve at least the amount you intend to transfer.
- This step is required to allow the bridge to interact with your tokens securely.
Approval in MetaMask enables the bridge's smart contract to manage a specified token in a specified amount and facilitate its transfer between networks. Learn more about token approvals here.
Convert Tokens
- Once the approval is complete, the "Convert" button will appear.
- Click "Convert" and follow the wallet prompts to sign the transaction.
- Tokens will be burned on the Ethereum network, and an equivalent amount will be minted on the Binance Smart Chain network.
Switch to "TO" Network and Account
Switch the network and account to Binance Smart Chain (in this flow: Binance).Claim Tokens
- Click the "Claim" button in the Transactions Tab and confirm the transaction on the Binance Smart Chain network.
- Ensure you have sufficient funds for the gas fee.
Note:
Transferring tokens and claiming tokens are paid operations. Ensure you have enough funds to cover the gas fees for both transfer and claim operations.
Procedure: From Binance Smart Chain to Ethereum
Connect Accounts
Connect an Ethereum account and a Binance Smart Chain account.Switch Network to "FROM"
Set the network to the FROM direction (in this flow: Binance Smart Chain).Approve Tokens
- Click the "Approve" button to begin the approval process.
- A Metamask wallet prompt will appear requesting approval for the specified amount of tokens.
- Approve at least the amount you intend to transfer.
- This step is required to allow the bridge to interact with your tokens securely.
Approval in MetaMask enables the bridge's smart contract to manage a specified token in a specified amount and facilitate its transfer between networks. Learn more about token approvals here.
Convert Tokens
- Once the approval is complete, the "Convert" button will appear.
- Click "Convert" and follow the wallet prompts to sign the transaction.
- Tokens will be burned on the Binance Smart Chain network, and an equivalent amount will be minted on the Ethereum network.
Switch to "TO" Network and Account
Switch the network and account to Ethereum (in this flow: Ethereum).Claim Tokens
- Click the "Claim" button in the Transactions Tab and confirm the transaction on the Ethereum network.
- Ensure you have sufficient funds for the gas fee.
Note:
Transferring tokens and claiming tokens are paid operations. Ensure you have enough funds to cover the gas fees for both transfer and claim operations.